Sunstone Energy asks for more time to work on 21 solar projects

Sunstone Energy LLC on Nov. 30 filed an objection with the North Carolina Utilities Commission over a recent commission notice that it intends to dismiss long-languishing applications from the company for 21 solar projects.

Said the Nov. 30 objection: “Since the filing of the original applications for certificate of public convenience and necessity (CPCNs), SUNSTONE ENERGY LLC has been diligently working towards securing financing and pursuing resources to complete the development of its pending solar energy projects as noted in each of the pending CPCNs.

“Two of the properties are in pre-development and are the subject of a Development Services Agreement with Cypress Creek Renewables. These projects continue to make significant progress toward completion.

“Since the filing of the original applications for certificate of public convenience and necessity (CPCNs), SUNSTONE ENERGY LLC has met with a multitude of potential investors and development partners; have made contact and begun negotiations with local governmental entities in the relevant counties to discuss the pending projects and plans for the same; have had meetings and entered into preliminary agreements with relevant local community organizations to solicit their support for the solar projects, including discussing ways to utilize local talent for labor force requirements; have entered into Professional Services Agreement with a larger solar development company in North Carolina to assist SUNSTONE with acquisition of the investment capital and for solar project development consulting services; have entered into agreements with various investment groups to assist SUNSTONE with acquiring the necessary resources to continue the development process for all solar projects as planned in the CPCNs; have had ongoing discussions with the relevant Electric Membership Corporations in our target service areas in order to develop an agreeable, collaborative plan for development of all pending projects.

“SUNSTONE ENERGY LLC is committed to continuing the diligent pursuit of developing all projects that are the subject of the pending CPCN applications and is specifically interested in contributing to the economic development in the designated Tier 1 and Tier 2 counties where the pending projects would be located.

“SUNSTONE ENERGY LLC has encountered some challenges in acquiring all of the necessary capital to complete development of the planned projects, mainly due to the cessation of the availability of state tax credits for solar projects; however, SUNSTONE remains committed to complete the projects as planned.”

The company requested a period of 180 days from Nov. 30, 2016, in order to comply with Rule R8-64(c)(2) with the filing its affidavits of publication. It also asked that the commission waive the one-year requirement to file affidavits of publication as promulgated by Rule R8-64(c)(2) as it relates to these CPCN applications.

Examples of these applications are three filed in December 2014.

  • The Hunter Farm project is to be located at 3814 Medoc Mountain Road, Littleton, Halifax County, N.C. The maximum gross power production capacity will be 5 MW and the projected maximum net power production capacity is 4.975 MW. The facility was projected to come online in July 2015. Electricity generated by the facility will be sold to Duke Energy.
  • There is a second project called Hunter Farm, this one located at 70 Owens Daye Road, Rougemount, Person County, N.C. This 5-MW facility was projected to come online in July 2015. Electricity generated by the facility will be sold to Duke.
  • The Simmons Farm project will be located at 351 Piedmont Airline Road, Wayne County, Goldsboro, N.C. This 5-MW facility was also projected to come online in July 2015. Electricity generated by the facility will be sold to Duke.

Sunstone was formed in August 2014. Contact information is: William Clayton, Sunstone Energy LLC, 1029 S. Chestnut Street, Henderson, North Carolina, 27536, (252)425-3143, sunstoneenergyllc@gmail.com.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.